Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)

v3.21.2
Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles basic and diluted weighted average common shares outstanding for the three and six months ended June 30, 2021 and 2020 (in millions, except per share data):
Three Months Ended June 30, Six Months Ended June 30,
2021 2020 2021 2020
Net income (loss) attributable to common stockholders $ (329) $ 197  $ 64  $ 572 
Weighted average common shares outstanding:    
Basic 253.5  252.1  253.2  252.6 
Dilutive unvested stock —  0.3  1.5  0.7 
Diluted 253.5  252.4  254.7  253.3 
Net income (loss) per share attributable to common stockholders—basic (1) $ (1.30) $ 0.78  $ 0.25  $ 2.27 
Net income (loss) per share attributable to common stockholders—diluted (1) $ (1.30) $ 0.78  $ 0.25  $ 2.26 
(1)    Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Potentially dilutive securities that were not included in the diluted net income (loss) per share computations because their effects would have been anti-dilutive were as follows (in millions):
Three Months Ended June 30, Six Months Ended June 30,
2021 2020 2021 2020
Unvested stock (1) 1.5  2.8  —  2.5 
2045 Cheniere Convertible Senior Notes 4.5  4.5  4.5  4.5 
Total potentially dilutive common shares 6.0  7.3  4.5  7.0 
(1)Includes the impact of unvested shares containing performance conditions to the extent that the underlying performance conditions are satisfied based on actual results as of the respective dates.